Cryptocurrency

Crypto Firm Genesis Bankruptcy Filing Is Expected This Week – Bloomberg

Bloomberg View columnist Barry Ritholtz looks at the people and ideas that shape markets, investing and business.
It’s been a half century since Australia and China established formal relations, but neither side is really celebrating. After several years of growing tensions, the potential for a reset under Australia’s new Labor government is in question as trade sanctions remain and diplomatic disputes persist.
The Big Banks Want Their Lucrative Lending Back
US Bond Market Flouting Inflation Looks Increasingly Vulnerable
The Worst Fears for Global Growth May Be Subsiding
ECB’s Rehn Sees Grounds for Significant Rate Hikes in Spring
Charting the Global Economy: Growth in China Slows Significantly
Six New EV Models Offer US Buyers More Options
Morgan Stanley’s Slimmon Ups Bet on American Shopper
Elon Musk Says Twitter to Roll Out Zero Ads Subscription Model
Google Staff Anxiety Runs High After 12,000 Colleagues Cut
Western Digital Talks With Kioxia Are Said to Be Advancing
Lula Fires Brazil’s Top Army Chief Arruda After Riots in Capital
UK Tory Chairman Zahawi Acknowledges Being ‘Careless’ With Taxes
White Americans Collect 92% of Benefits From Investor Tax Breaks
Robert Smith Scours Globe for $20 Billion Comeback After Tax Case
Beyonce Launches $100,000-a-Night Dubai Resort’s Luxury Bet
Brooke Shields examines her life, fame in doc ‘Pretty Baby’
Are You Ready to Take Care of Your Boomer Parents?
US Could Defend Taiwan From China — at Great Cost
What’s Killing Young Americans? We Have the Data
The Coyotes Working the US Side of the Border Are Often Highly Vulnerable, Too
How Microbes Can Help Solve the World’s Fertilizer Problems
Carlsberg’s New Lager Is Made for a Warming World
Crowded Clinics, 8-Hour Drives and Abortion Pills Are New Reality on Roe’s 50th Anniversary
Brits Are Renting Out Spare Rooms to Beat Cost of Living Crisis
Britain Gets a Fog Warning as Cold Snap Eases
Six New EV Models Offer US Buyers More Options
Milan Luxury Real Estate Booms as Bankers Leave London for Italy
London’s Historic Smithfield Market Meets a New Chapter
Red Tape Is Slowly Killing Hong Kong’s Street Food Stalls
Bitcoin Reaches Highest Since August Amid Second Weekend Surge
This Week in Crypto: FOMO Returns, 3AC Founders Seek Funding (Podcast)
The Global Legal Fallout of FTX (Podcast)
and

Subscriber Benefit
Subscribe
Genesis Global Capital is laying the groundwork for a bankruptcy filing as soon as this week, according to people with knowledge of the situation.
The cryptocurrency lending unit of Digital Currency Group has been in confidential negotiations with various creditor groups amid a liquidity crunch. It has warned that it may need to file for bankruptcy if it fails to raise cash, Bloomberg previously reported.

source

Leave A Reply

Your email address will not be published.